CoreWeave stock pops 14% as revenue doubles on accelerating AI infrastructure demand

CoreWeave's revenue is surging as the AI boom continues, but the company is also sitting on $35 billion in debt.

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CNBC World•

Riot Platforms strikes deal with Anthropic as bitcoin miners shift focus to AI infrastructure

Bitcoin miner Riot Platform has struck a $9 billion, 20-year compute deal with Anthropic…

Brief by WorldPing · Original reporting by CNBC World

Hollywood Reporter•

Lionsgate Stock Slips After Report of Activist Investor Pushing Sale

Anson Funds wrote a letter to the 'Michael' studio's board of directors calling for an AI pivot or "for sale" sign to avoid becoming an “AI casualty.”…

Brief by WorldPing · Original reporting by Hollywood Reporter

WorldPing

Gizmodo•

California Building ‘AI Cyber Defense Fund’ to Protect Critical Infrastructure From Hackers

Trump, meanwhile, is aiming to slash the federal government’s cybersecurity defense budget by more than $700 million.

Brief by WorldPing · Original reporting by Gizmodo

WorldPing

Bitcoin.com•

Coinbase Builds Abu Dhabi Hub to Put Global Stocks Onchain

Coinbase has secured regulatory approval in Abu Dhabi to build an international hub for tokenized securities, giving the crypto exchange a supervised base for bringing traditional stocks onto blockchain networks outside the United States.

Brief by WorldPing · Original reporting by Bitcoin.com

WorldPing

CryptoSlate•

Crypto revenue tanks 70% for major AI finance company, but its paper gains just delivered a record quarterly profit

Revenue fell 70% while continuing-operations and adjusted EBITDA losses widened, leaving the operating picture weaker.

Brief by WorldPing · Original reporting by CryptoSlate

WorldPing

Decrypt•

eToro Agrees to Acquire TradeZero in $231M US Expansion, Stock Tanks 10%

The crypto-friendly trading platform is betting on US equities as regulators keep squeezing its token menu.

Brief by WorldPing · Original reporting by Decrypt